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Valley National (VLY) Moves 7.7% Higher: Will This Strength Last?
VLYValley National Bancorp(VLY) ZACKS·2025-04-10 14:20

Group 1 - Valley National (VLY) shares increased by 7.7% to close at 8.57,followinganotabletradingvolumethatexceededtypicallevels,contrastingwitha7.28.57, following a notable trading volume that exceeded typical levels, contrasting with a 7.2% loss over the past four weeks [1][2] - The stock's rally was influenced by President Donald Trump's announcement of a 90-day tariff pause for non-retaliating nations, which positively impacted investor sentiment [2] - Valley National is expected to report quarterly earnings of 0.19 per share, unchanged from the previous year, with revenues projected at 485.93million,reflectinga6.8485.93 million, reflecting a 6.8% increase year-over-year [3] Group 2 - The consensus EPS estimate for Valley National has been revised 0.9% higher in the last 30 days, indicating a positive trend that typically correlates with stock price appreciation [4] - Valley National holds a Zacks Rank of 3 (Hold), indicating a neutral outlook, while SmarFinancial (SMBK), another company in the same industry, closed 3.1% higher at 28.45 but has seen a -10.6% return over the past month [4] - SmarFinancial's consensus EPS estimate remains at $0.55, representing a 12.2% increase compared to the previous year's EPS, and it also holds a Zacks Rank of 3 (Hold) [5]